iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Sees Large Volume Increase – What’s Next?

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) saw an uptick in trading volume on Thursday . 4,092,788 shares changed hands during mid-day trading, an increase of 370% from the previous session’s volume of 871,261 shares.The stock last traded at $130.43 and had previously closed at $130.55.

iShares ESG Aware MSCI USA ETF Price Performance

The firm has a market cap of $13.49 billion, a P/E ratio of 25.85 and a beta of 1.02. The stock has a 50 day moving average of $131.07 and a 200 day moving average of $125.94.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.408 dividend. The ex-dividend date was Tuesday, December 17th.

Hedge Funds Weigh In On iShares ESG Aware MSCI USA ETF

Large investors have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in iShares ESG Aware MSCI USA ETF by 2.3% in the third quarter. JPMorgan Chase & Co. now owns 10,973,235 shares of the company’s stock worth $1,384,603,000 after buying an additional 249,351 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of iShares ESG Aware MSCI USA ETF in the 3rd quarter worth approximately $23,495,000. Clarius Group LLC boosted its stake in shares of iShares ESG Aware MSCI USA ETF by 1,458.7% in the 4th quarter. Clarius Group LLC now owns 160,932 shares of the company’s stock valued at $20,731,000 after purchasing an additional 150,607 shares in the last quarter. Financial Advocates Investment Management grew its holdings in shares of iShares ESG Aware MSCI USA ETF by 1,428.2% during the 3rd quarter. Financial Advocates Investment Management now owns 125,313 shares of the company’s stock valued at $15,812,000 after purchasing an additional 117,113 shares during the last quarter. Finally, Client 1ST Advisory Group LLC purchased a new position in iShares ESG Aware MSCI USA ETF in the 4th quarter worth $12,625,000.

iShares ESG Aware MSCI USA ETF Company Profile

The iShares ESG Aware MSCI USA ETF (ESGU) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics. ESGU was launched on Dec 1, 2016 and is managed by BlackRock.